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GLOO News
GLOO Events
Gloo Raises Fiscal Year 2026 Revenue Guidance to $200 Million
Gloo "expects third-quarter revenue to be $55 million, representing an increase of 69% compared with the prior-year period. Adjusted EBITDA is expected to be negative $3.5 million for the third quarter of 2026, representing continued sequential improvement and in-line with the company's expectation to approach break-even. For fiscal year 2026, Gloo is raising revenue guidance to $200 million. The company remains confident in achieving Adjusted EBITDA profitability in the fourth quarter of 2026."
Gloo Raises FY26 Revenue Outlook to $200M
Gloo raises FY26 revenue view to $200M from $195M, consensus $195.1M
Gloo Reports Q2 Revenue of $46.6M, Exceeds Expectations
Reports Q2 revenue $46.6M, consensus $44.1M. "We've improved our financial performance every quarter as a public company, reflecting consistent execution and increasing operating leverage," said Paul Seamon, CFO of Gloo. "Our full-year outlook more than doubles revenue from the prior year, with operating expenses expected to remain approximately flat in absolute dollars. This demonstrates that we can integrate new capabilities, support continued growth and advance toward profitability without building a proportionately larger cost base. We continue to expect to approach Adjusted EBITDA break-even in the third quarter and achieve Adjusted EBITDA profitability in the fourth quarter of fiscal 2026."
Gloo Launches Gloo Code to Enhance Developer Capabilities
Gloo announced Gloo Code, a new agentic building capability within Gloo AI Studio that helps developers get more from their tokens by pairing purpose-built agents with the right model for each task.
Gloo Completes Acquisition of Midwestern Interactive
Gloo announced it has completed the acquisition of the remaining ownership stake in Midwestern Interactive. The transaction, which was previously announced, marks a new phase in the relationship that has grown from strategic investment to operational collaboration, with Gloo now holding 100% ownership. "Midwestern brings a rare combination of technical depth, execution experience and a clear understanding of the talent needs at faith and mission-driven nonprofits," said Scott Beck, Co-Founder and CEO of Gloo. "With increasing demand for AI and forward-deployed engineering services across the ecosystem, this acquisition gives us a stronger foundation for serving global organizations with complex technology requirements."
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